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Matsa Resources Limited
(Frankfurt:MAT)
Matsa Resources Limited (MAT) vs. iShares MSCI Australia ETF (EWA)
Matsa Resources Limited Business Overview & Revenue Model
Matsa Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 8.06M | 8.06M | 10.68M | Gross Profit |
| ― | ― | -102.63K | 7.95M | 7.91M | -2.63M | EBIT |
| ― | ― | -3.28M | -3.05M | -2.89M | -4.02M | EBITDA |
| ― | ― | -3.50M | -3.08M | -2.74M | -1.72M | Net Income Common Stockholders |
| ― | ― | -819.03K | -6.03M | -9.66M | -5.24M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.08M | 1.04M | 794.30K | 1.57M | 3.03M | 1.80M | Total Assets |
| 24.08M | 23.28M | 23.23M | 22.64M | 27.83M | 27.11M | Total Debt |
| 5.01M | 5.58M | 4.68M | 4.20M | 4.40M | 4.13M | Net Debt |
| 3.92M | 4.55M | 3.89M | 2.63M | 1.37M | 2.33M | Total Liabilities |
| 9.53M | 10.21M | 9.51M | 10.10M | 12.46M | 11.70M | Stockholders Equity |
| 14.47M | 12.99M | 13.64M | 12.47M | 15.29M | 15.33M |
| Cash Flow | Free Cash Flow | ||||
| ― | -3.97M | -2.60M | -4.95M | -7.41M | -7.31M | Operating Cash Flow |
| ― | ― | -868.81K | -3.32M | -5.30M | 929.60K | Investing Cash Flow |
| ― | -477.01K | -2.05M | -959.99K | -2.68M | -6.96M | Financing Cash Flow |
| ― | 4.16M | 2.14M | 2.82M | 9.22M | 6.93M |
Matsa Resources Limited Technical Analysis
Matsa Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | AU$18.34B | 26.10 | 16.97% | 1.30% | 60.56% | 302.20% | |
80 Outperform | AU$3.40B | 9.40 | 26.42% | 2.87% | 54.37% | 310.22% | |
78 Outperform | AU$30.01B | 25.45 | 11.01% | 2.43% | 25.11% | 28.88% | |
76 Outperform | $3.66B | 25.57 | 13.42% | 0.76% | 11.93% | 22.74% | |
51 Neutral | $2.02B | -1.12 | -21.36% | 3.65% | 2.87% | -30.54% | |
34 Underperform | AU$49.11M | ― | -22.60% | ― | ― | 57.94% |
Matsa Resources Limited Corporate Events
Matsa Resources Limited has announced the issuance of 67,550 fully paid ordinary shares following the exercise of unlisted options. This move is part of the company’s ongoing compliance with relevant provisions of the Corporations Act, and it reflects Matsa’s strategic efforts to enhance its capital structure without the need for investor disclosure under certain sections of the Act. This announcement could potentially impact the company’s market positioning and shareholder value.
Matsa Resources Limited has announced the issuance of 67,550 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) as of April 30, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing exploration and development projects, potentially impacting its market position and offering new opportunities for stakeholders.
Matsa Resources Limited has executed a Toll Milling Agreement with FMR Investments Pty Ltd to process gold ore from the Devon Pit Gold Mine at FMR’s Greenfields Mill. This agreement marks a significant step towards Matsa becoming a gold producer, with mining operations set to begin in June 2025 and processing to start in September 2025. The project is expected to yield 50,000 ounces of gold, generating a positive cash flow of A$59.8 million. The strategic partnerships and favorable gold price environment position Matsa to deliver exceptional value to its shareholders.
Matsa Resources Limited announced that all resolutions presented at its Annual General Meeting on April 23, 2025, were passed with the required majority of shareholder votes. This outcome reflects strong shareholder support and may positively influence the company’s strategic initiatives and market confidence.
Matsa Resources Limited announced the issuance of 43,800 fully paid ordinary shares following the exercise of unlisted options. This move, compliant with relevant sections of the Corporations Act, was executed without disclosure to investors, indicating a strategic decision to strengthen its capital base. The company’s adherence to regulatory requirements and the absence of excluded information suggest a stable operational framework, potentially impacting its market positioning positively.
Matsa Resources Limited has announced the issuance of 43,800 new ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) as of April 14, 2025. This move is part of the company’s strategic efforts to enhance its capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
Matsa Resources Limited announced that AngloGold Ashanti Australia Limited has received approval from the Australian Foreign Investment Review Board to acquire Matsa’s Lake Carey Gold Project. This approval fulfills a key condition of their agreement, with Matsa having already secured waivers from third parties with rights of first refusal on the involved tenements. This development is a significant step in the transaction process, potentially impacting Matsa’s operations and market positioning.
Matsa Resources Limited has entered into a binding agreement with Blue Cap Mining Pty Ltd to develop and operate the Devon Pit Gold Mine, part of the Lake Carey Gold Project. The feasibility study for Devon indicates a potential cash flow surplus of A$59.8 million over 18 months, and the project will be managed on a profit-sharing basis with Blue Cap Mining providing part of the working capital. This collaboration is expected to enhance Matsa’s operational capabilities and financial performance in the gold mining sector.
Matsa Resources Limited has announced the issuance of 11,340 fully paid ordinary shares following the exercise of unlisted options. This move is part of the company’s compliance with regulatory requirements, and it reflects Matsa’s ongoing efforts to manage its capital structure effectively, potentially impacting its market capitalization and shareholder value.
Matsa Resources Limited has announced the issuance of 11,340 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) as of March 25, 2025. This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its capital structure and providing more flexibility in its financial operations.
Matsa Resources Limited has announced a General Meeting scheduled for April 23, 2025, in Perth, Western Australia. The company will not send hard copies of the Notice of Meeting to shareholders unless requested, and shareholders are encouraged to access the documents online. This meeting is significant for stakeholders as it provides an opportunity for shareholders to vote on company matters, either in person or by proxy, and to update their communication preferences with the company.
Patronus Resources Limited, a company listed on the ASX, has announced an extension of its on-market takeover bid for Matsa Resources Limited. The offer, initially set to close on 24 March 2025, will now remain open until 21 April 2025. This extension is part of Patronus’s strategy to acquire all ordinary shares in Matsa that it does not already own, as it currently holds less than 50% of Matsa’s shares. The extension aims to provide more time for shareholders to consider the offer, potentially impacting Matsa’s market positioning and shareholder value.
Matsa Resources Limited has commenced a staged drilling program at its Fortitude North site within the Lake Carey Gold Project. This initiative aims to explore the continuity and potential extensions of gold mineralization, following a notable gold intercept reported earlier. The drilling is expected to enhance the understanding of the site’s geological structure, potentially increasing the project’s value and impact on the company’s market position.
Matsa Resources Limited has released its condensed consolidated interim financial report for the half-year ended 31 December 2024. The report provides insights into the company’s financial performance, including statements of profit or loss, comprehensive income, financial position, changes in equity, and cash flows. This release is crucial for stakeholders as it offers a detailed overview of the company’s financial health and operational efficiency during the specified period.
Matsa Resources Limited has announced the issuance of 80,000 fully paid ordinary shares following the exercise of unlisted options. This move is part of the company’s compliance with various provisions of the Corporations Act, and it reflects Matsa’s ongoing efforts to manage its share capital and maintain transparency with its stakeholders.
Matsa Resources Limited has announced the issuance of 80,000 fully paid ordinary securities, which will be quoted on the ASX. This move is part of the company’s strategy to leverage options being exercised or convertible securities being converted, potentially impacting its market presence and providing opportunities for stakeholders.
Matsa Resources Limited announced the issuance of 151,000 fully paid ordinary shares following the exercise of unlisted options. This move is part of their compliance with the Corporations Act, and the shares were issued without disclosure to investors under specific provisions of the Act. This issuance is expected to impact the company’s market operations and shareholder value, given the current market capitalization and shareholding structure.
Matsa Resources Limited announced the issuance of 10,000 fully paid ordinary shares following the exercise of unlisted options. This move is part of the company’s compliance with the Corporations Act, and the shares were issued without disclosure to investors under specific sections of the Act. The announcement reflects the company’s ongoing efforts to manage its share capital and maintain regulatory compliance, potentially impacting its market capitalization and shareholder value.
Matsa Resources Limited, a company listed on the Australian Securities Exchange, has announced the lifting of a suspension on its securities trading following a significant transaction involving the disposal of one of its projects. This development is expected to have implications for the company’s operational strategy and market positioning as it adjusts its asset portfolio.
Matsa Resources Limited has entered into a significant agreement with AngloGold Ashanti, allowing the latter to acquire the majority of the Lake Carey Gold Project for A$101 million. This transaction enables Matsa to concentrate on its other projects, potentially enhancing its market position and providing clarity on the company’s value to shareholders.
Matsa Resources Limited has announced the quotation of 10,000 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from February 25, 2025. This move indicates the company’s strategic efforts to enhance its financial standing and market presence, potentially impacting its operations and stakeholder interests positively by increasing liquidity and investment opportunities.
Matsa Resources Limited has requested a voluntary suspension of its securities on the ASX pending an announcement about a significant corporate transaction involving the disposal of its Lake Carey Gold Project. This move is intended to help the company manage its continuous disclosure obligations, with the suspension expected to last until the announcement is made, or normal trading resumes on 27 February 2025.
Matsa Resources Limited has issued a Target’s Statement in response to an unsolicited takeover offer from Patronus Resources Limited. The Matsa board unanimously recommends shareholders reject the offer of A$0.045 per share, emphasizing the importance of reviewing the statement thoroughly. The statement has been submitted to the Australian Securities and Investments Commission and distributed to shareholders via email or postal mail as necessary.
Matsa Resources Limited has issued a statement regarding an on-market takeover offer from Patronus Resources Limited, recommending that its shareholders reject the offer of $0.045 per share. The company’s board unanimously advises shareholders to take no action on the offer, emphasizing the importance of seeking professional guidance. This move suggests Matsa’s confidence in its current market position and strategy, and indicates potential implications for its stockholders, urging them to consider the company’s long-term prospects.
Patronus Resources Limited, listed on the ASX under the code PTN, has initiated an on-market takeover offer for Matsa Resources Limited. The company has distributed its bidder’s statement to Matsa shareholders via postal and electronic means, providing detailed information about the offer and encouraging shareholders to read the document to make informed decisions.
Matsa Resources Limited has requested a trading halt on its securities pending an important announcement regarding a material corporate transaction. This transaction involves the disposal of the Company’s Lake Care Gold Project, indicating a significant shift in its operational strategy. The halt will last until the announcement is made or until normal trading resumes on 25 February 2025, highlighting potential implications for stakeholders concerning the company’s future market positioning.
Matsa Resources Limited has announced a positive feasibility study for its Devon Pit Gold Mine, projecting a pre-tax cash flow surplus of A$59.8 million over 18 months at a gold price of A$4,250 per ounce. The study highlights a strong financial outlook with low capital expenditure and high recovery rates, and the project is fully permitted and mine-ready, with potential for further expansion through additional drilling.
Matsa Resources Limited presented at the RIU Explorers Conference, highlighting its near-term gold production targets. The presentation emphasized the company’s substantial gold resources and reserves. The company, led by a team with vast industry experience, is strategically positioned to capitalize on its assets, potentially enhancing its market position and providing value to shareholders.
Matsa Resources Limited has completed the sale of its 20% interest in a portion of the Lake Rebecca Gold Project to Ramelius Resources Limited, receiving a final cash payment of $200,000. This transaction, which has brought Matsa a total of $1.192 million in cash and shares, strengthens its financial position and allows it to maintain a strategic interest in the Lake Rebecca Gold Project, which is adjacent to significant gold resources, potentially enhancing its future growth prospects.
Bulletin Resources Limited has increased its stake in Matsa Resources Limited, a company involved in the resources sector, by acquiring an additional 10 million ordinary fully paid shares through a share placement, thereby increasing its voting power from 10.77% to 10.92%. This change in substantial holding reflects Bulletin Resources Limited’s strategic interest in Matsa Resources Limited, potentially impacting the company’s influence and decision-making within the resources sector.
Matsa Resources Limited has announced a high-grade gold intercept of 12.98g/t at its Fortitude North site within the Lake Carey Gold Project. This new finding, the highest to date, reveals a second lode structure and supports the exploration model of multiple lode stacked systems, potentially enhancing Matsa’s market positioning and future exploration strategies.
Matsa Resources Limited has announced that it is considering an unsolicited takeover bid by Patronus Resources Limited, which aims to acquire all its fully paid ordinary shares not already owned by Patronus. The board advises shareholders to take no action until further guidance is provided through a forthcoming target statement. Matsa has engaged Thomson Geer as legal advisers for this process.
Matsa Resources Limited has announced the appointment of Jon Pluckhahn as the General Manager Operations for the Devon Pit Gold Mine, a key component of the Lake Carey Gold Project. This strategic appointment follows the recent declaration of a maiden ore reserve estimate at the Devon Pit, marking a significant step in the mine’s development and Matsa’s ongoing efforts to monetize its gold assets, potentially impacting its position in the mining industry.
Matsa Resources Limited has been approached with a takeover bid by Patronus Resources Limited, which has become a substantial holder of Matsa’s ordinary shares. Patronus, along with its associates, holds a 19.57% voting power in Matsa, demonstrating a significant interest in influencing the company’s future direction. This move could potentially impact the governance and strategic decisions of Matsa Resources, as Patronus and its associates aim to exert considerable influence over the company’s board and overall affairs.
Patronus Resources Limited, a company involved in gold exploration and development, has announced an on-market takeover offer for Matsa Resources Limited. The offer of $0.045 cash per share provides Matsa shareholders with a premium over historical prices and immediate liquidity, aligning with Patronus’s strategy to increase its stake in Matsa. Patronus plans to potentially restructure Matsa’s board and conduct a strategic review of its assets while supporting additional equity funding to settle existing debts. This move is expected to offer certain and immediate value to Matsa shareholders and mitigate risks related to Matsa’s ongoing projects.